XML 29 R17.htm IDEA: XBRL DOCUMENT v3.7.0.1

Investments (Tables)

6 Months Ended

Mar. 31, 2017

Investments, Debt and Equity Securities [Abstract]

Summary of Investments by Type of Security

The following table summarizes investments by type of security as of March 31, 2017 (amounts shown in thousands):

	Cost				Gross Unrealized Gains				Gross Unrealized Losses				Fair Market Value
Available-for-sale securities:
U.S. Treasury, short-term	$	10,002			$	—			$	(5	)		$	9,997
Corporate debt securities, short-term	13,062				2				(10		)		13,054
U.S. Treasury, long-term	1,399				—				(1		)		1,398
Corporate debt securities, long-term	2,498				2				(2		)		2,498
Total	$	26,961			$	4			$	(18	)		$	26,947

The following table summarizes investments by type of security as of September 30, 2016 (amounts shown in thousands):

	Cost				Gross Unrealized Gains				Gross Unrealized Losses				Fair Market Value
Available-for-sale securities:
U.S. Treasury	$	12,907			$	8			$	—			$	12,915
Corporate debt securities, short-term	11,949				2				(3		)		11,948
Corporate debt securities, long-term	1,954				1				(3		)		1,952
Total	$	26,810			$	11			$	(6	)		$	26,815

Summary of Fair Value of Investments Measured on Recurring Basis

The following tables represent the fair value hierarchy of the Company’s investments and acquisition-related contingent consideration as of March 31, 2017 and September 30, 2016, respectively (amounts shown in thousands):

	Balance				Quoted Prices in Active Markets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
March 31, 2017:
Assets:
Short-term investments:
U.S. Treasury	$	9,997			$	9,997			$	—			$	—
Corporate debt securities
Financial	3,492				—				3,492				—
Industrial	5,867				—				5,867				—
Commercial paper
Financial	3,695				—				3,695				—
Total short-term investments at fair value	23,051				9,997				13,054				—
Long-term investments:
U.S. Treasury	1,398				1,398				—				—
Corporate debt securities
Industrial	2,498				—				2,498				—
Total assets at fair value	$	26,947			$	11,395			$	15,552			$	—
Liabilities:
Acquisition-related contingent consideration	311				—				—				311
Total liabilities at fair value	$	311			$	—			$	—			$	311

	Balance				Quoted Prices in Active Markets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
September 30, 2016:
Assets:
Short-term investments:
U.S. Treasury	$	12,915			$	12,915			$	—			$	—
Corporate debt securities
Financial	3,963				—				3,963				—
Industrial	4,445				—				4,445				—
Commercial paper
Financial	2,843				—				2,843				—
Industrial	697				—				697				—
Total short-term investments at fair value	24,863				12,915				11,948				—
Long-term investments:
Corporate debt securities
Financial	502				—				502				—
Industrial	1,450				—				1,450				—
Total assets at fair value	$	26,815			$	12,915			$	13,900			$	—
Liabilities:
Acquisition-related contingent consideration	252				—				—				252
Total liabilities at fair value	$	252			$	—			$	—			$	252

Summary of Contingent Consideration Measured at Fair Value

The following table includes a summary of the contingent consideration measured at fair value using significant unobservable inputs (Level 3) during the six months ended March 31, 2017 (amounts shown in thousands):

Balance at September 30, 2016	$	252
Expenses recorded due to changes in fair value	147
Issuance of common stock	(88		)
Balance at March 31, 2017	$	311

X

- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19279-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation of available-for-sale securities from cost basis to fair value.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration